Miller Value Partners Sells $11 Million Stake in Nabors Industries Despite Stock's 325% Gain
On May 15, 2026, Miller Value Partners sold 158,307 shares of Nabors Industries for approximately $11.49 million based on quarterly average pricing. The move reduced the fund’s position in NBR by about $5.52 million at quarter-end when factoring in price movements and left its stake representing around 10% of reportable AUM.
Tickers: $NBR
Topics: institutional investor activity Nabors Industries stock sale